• This week, important economic data and events for the Bitcoin and crypto market will be released. • Last week, US banks raised $475 billion in the wake of the banking crisis, with small regional banks continuing to suffer. • Fed speeches this week and key economic data from the Conference Board could move Bitcoin […]
• Cardano whales have seen an uptick in activity despite a slight pullback in price. • Whale transactions higher than $100,000 were significantly higher in the last week. • ADA’s price is still maintaining its position above the 100-day simple moving average. Cardano Whale Activity Increases Despite Price Pullback Cardano whale activity has seen an […]
• Shiba Inu Metaverse released detailed video views of the WAGMI Temple Hub at SXSW Festival in Austin, Texas. • Lead dev Shytoshi Kusama and advisor Marcie Jastrow met with Paramount Pictures’ futurist Ted Schilowitz to discuss potential collaboration opportunities. • The SHIB community member Scorchia’s tweet caught the attention of Shiba Inu chief developer […]
• Glassnode data shows that Bitcoin’s latest rejection at the $23,800 level coincided with the cost basis of a particular whale group. • This group includes investors who bought their coins after December 2018 and have an average acquisition price of $23,800. • The “realized price” is a capitalization model which takes into account the […]
• Smart money investors have been pouring billions into the crypto market, boosting development of certain protocols and projects. • The 2021 bear market dealt a heavy blow on the pockets of smart money investors with outflows of $2 million each week. • Short-Bitcoin is up nearly $10 million in inflows showing that investors are […]